Somer Webb - 04 Oct 2023 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Signature
/s/ Kent Christensen, Attorney-in-Fact for Somer Webb
Issuer symbol
DTCB
Transactions as of
04 Oct 2023
Net transactions value
-$6,747
Form type
4
Filing time
04 Oct 2023, 18:05:27 UTC
Previous filing
03 Oct 2023
Next filing
13 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTC Class A Common Stock Options Exercise $0 +5,435 +3.3% $0.000000 168,345 04 Oct 2023 Direct
transaction DTC Class A Common Stock Tax liability $6,747 -1,323 -0.79% $5.10 167,022 04 Oct 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DTC Restricted Stock Unit Options Exercise $0 -5,435 -25% $0.000000 16,304 04 Oct 2023 Class A Common Stock 5,435 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 The remaining unvested RSUs will vest in twelve approximately equal quarterly installments.